Executive Offer Letter Template for Saudi Arabia

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Key Requirements PROMPT example:

Executive Offer Letter

"I need an Executive Offer Letter for a Chief Technology Officer position in our Saudi-based technology company, with an expected start date of March 1, 2025, including provisions for equity compensation and relocation from Singapore."

Document background
The Executive Offer Letter is a crucial document used in Saudi Arabia when extending employment offers to senior-level executives and C-suite professionals. It serves as the initial formal documentation of the employment relationship, outlining key terms and conditions while ensuring compliance with Saudi Labor Law and related regulations. The document is typically used during the final stages of executive recruitment, after verbal agreement but before the formal employment contract. The Executive Offer Letter includes essential information such as position details, compensation package, benefits, reporting relationships, and key responsibilities, while incorporating necessary provisions required by Saudi law, including Saudization requirements where applicable. It forms the basis for the subsequent employment contract and helps ensure clarity and mutual understanding between the organization and the incoming executive.
Suggested Sections

1. Opening and Introduction: Formal letter opening, including date, addressee details, and warm welcome statement

2. Position and Reporting Line: Clear statement of the executive position title and reporting relationship

3. Start Date and Location: Proposed commencement date and primary work location

4. Compensation Package: Base salary, allowances, and any guaranteed bonuses in compliance with Saudi Labor Law

5. Variable Compensation: Annual bonus structure, long-term incentives, and performance-based rewards

6. Benefits: Standard benefits including medical insurance, leave entitlements, and other perks

7. Term and Notice Period: Duration of employment (if fixed-term) and notice period requirements

8. Working Hours and Days: Expected working schedule and flexibility arrangements

9. Probation Period: Length and terms of the probationary period as per Saudi Labor Law

10. Confidentiality: Basic confidentiality obligations

11. Acceptance and Closing: Instructions for accepting the offer and formal letter closing

Optional Sections

1. Relocation Package: Include when the executive needs to relocate, detailing relocation assistance and temporary housing

2. Sign-on Bonus: Include when offering a one-time signing bonus, specifying amount and conditions

3. Educational Allowance: Include when offering support for children's education, common for expatriate executives

4. Housing Allowance: Include when offering separate housing allowance beyond the base salary

5. Transportation Allowance: Include when offering specific transportation benefits or car allowance

6. Work Permit Sponsorship: Include for non-Saudi executives, detailing visa and work permit arrangements

7. Post-Employment Restrictions: Include when requiring non-compete or non-solicitation provisions

8. Performance Expectations: Include when specifying initial KPIs or performance objectives

Suggested Schedules

1. Detailed Compensation Structure: Breakdown of all compensation components including allowances and benefits calculation

2. Job Description: Detailed outline of role responsibilities, authorities, and expectations

3. Benefits Summary: Comprehensive overview of all benefits and insurance coverage

4. Key Company Policies: Summary of critical policies applicable to executive positions

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Financial Services

Technology

Manufacturing

Healthcare

Retail

Energy and Utilities

Telecommunications

Professional Services

Real Estate and Construction

Education

Hospitality

Mining and Resources

Media and Entertainment

Transportation and Logistics

Consumer Goods

Relevant Teams

Human Resources

Legal

Board Secretariat

Executive Leadership

Compensation and Benefits

Talent Acquisition

Corporate Governance

Risk and Compliance

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Technology Officer

Chief Marketing Officer

Managing Director

Country Manager

Regional Director

Executive Vice President

Senior Vice President

Division President

General Manager

Head of Department

Executive Director

Group Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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